- (G.3) Case study of transacted prices of E-flats in Tampines over the past 5 months
A ‘thin slice’ of transactions was taken from the past 5 months of transactions of E-flat in Tampines for comparison. It is clearly shown that the transacted prices of E-flats have risen from the early part of the year, peaked in March 2008 and began its decline from April 2008 onwards. The drop was quite significant in May in the highest price category, suggesting that buyers in general are not willing to pay higher for older flats.
Table [ 4 ] - Comparison of Tampines E-Flat transacted prices from March 2008 – May 2008
| Months |
Lowest |
Median |
Highest |
Total transactions |
January |
388 |
435 |
520 |
16 |
February |
420 |
445 |
570 |
12 |
March |
400 |
472 |
595 |
10 |
April |
357 |
475 |
580 |
23 |
May |
387 |
460 |
485 |
16 |
Source of info – HDB inforweb
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